New Mexico Rural Electric Cooperatives Association
Founded as the New Mexico Rural Electrification Cooperative Association. New Mexico Rural Electric Cooperative Association
is to strengthen, support, unify, and represent Cooperative member
interests at the local, state, and national levels.
Organization Type:
State or Regional Association
Tax Exempt Status:
501(c)(6)
Industry:
Energy/Electricity, Governments (Local/State/Federal/Foreign), Electricity & Electronics, State
Address:
614 Don Gaspar Ave
Santa Fe, NM 87505-4428
Members:
2 generation and transmission cooperatives, 3 Electric Distribution Associate Member Cooperatives and 16 Rural Electric Cooperative Members
Financial Snapshot
Total revenues: $2,891,752
Year - 2024
1st-yr growth
24.74%
Year by Year
Revenue
MEMBERSHIP DUES
REGISTRATION FEES
ADMINISTRATIVE FEE
Other
Total expenses: $2,899,664
Year - 2024
1st-yr growth
23.88%
Year by Year
Expenses
Other expenses
Compensation for non-officers/directors
Compensation of current officers, directors, etc
Other
Total assets: $703,665
Year - 2024
1st-yr growth
22.83%
Year by Year
Assets
Cash -- non-interest bearing
Land, buildings, & equipment (net)
Savings and temporary cash investments
Other
Total Liabilities: $404,513
Year - 2024
1st-yr growth
52.17%
Year by Year
Liabilities
Deferred revenue
Accounts payable and accrued expenses
Secured mortgages and notes payabl